ESG & Impact Strategy
Partnership with Joolify in the Jewelry Tech Space
Objectives
Our engagement with Joolify centers on developing a bespoke ESG Strategy that assesses and integrates the startup's economic, environmental, and societal impacts, including human right considerations. The primary aim is to harmonize Joolify's sustainability objectives with the impending European Voluntary Reporting Frameworks for SMEs, thereby ensuring streamlined reporting and compliance processes.
This strategic foundation not only facilitates Joolify's immediate operational needs but also establishes a robust framework for their growth and enhanced sustainability endeavors.
Solution
Dataphoria crafted a tailored ESG strategy for Joolify, focusing on alignment with upcoming European sustainability frameworks, combined with the impact-driven nature of the business. Undertaking a tailored Materiality Assessment paved a path to compliance and impactful sustainability reporting.
Combining Impact with ESG, Dataphoria delivered a tailored action plan ensuring the company knew what to measure and how from day one, launching an impact-driven, sustainable business with the goal to reduce material volumes and waste in the jewlery industry.
Benefits
1. Strategic Alignment with European Standards
By aligning Joolify's sustainability goals with European frameworks, we ensure their readiness for future reporting requirements and compliance, fostering a smooth transition into regulated sustainability practices.
2. Foundation for Growth and Sustainability
The strategy serves as a cornerstone for Joolify's growth, embedding sustainability into the core of their operations and decision-making processes.
3. Enhanced Sustainability Profile
Through this strategic engagement, Joolify is positioned as a forward-thinking player in the jewelry tech space, committed to responsible and sustainable business practices.